Top Women in Real Estate 2012 by LORI SOKOL

A Special Annual Edition from Sokol Media, Inc.

JUNE 2012

TOP WOMEN IN REAL ESTATE

!"#$%&'%$# ()$*"#&'+,#*-+$#& ."/$#&0")12 3%,+#&0"4+& 5$#6%&7*%%1*"# !8,$&3%*$,+, !2%,$&5$##$19& .%12+)&5"+/ 5%8,%&:%)9+,

SONIA BAIN PHOTO BY JILLPHOTOGRAPHY.COM

Suri Kasirer President, Kasirer Consulting

It is a pleasure to be a part of tonight’s exciting event and I am honored to share this distinction with a number of outstanding women in the real estate industry. Congratulations to my fellow honorees – whose accomplishments make our City a better place to live, work and raise our families. To Lori Sokol and the Sokol Media Team – congratulations on a fabulous year! !"#$%&'($$)*+,-.$/0$123("4$5&66,*37$8'9$.*3:"$;<<= ###>(2.*'"':&3.?@+*37>:&9

Contents 2

PUBLISHER’S PAGE

INDUSTRY NEWS From Atop the Setai to the Andaz, come see what’s selling.

TOP WOMEN IN REAL ESTATE 2012 Sonia Bain (Beginning page 6) Alison Bernstein (Beginning page 11) Robin Dolch Karen Dome Linda Isaacson Suri Kasirer Shari Linnick Rachel Loeb Laura Walker

Special Feature AKAM Living Services Come see how AKAM Living Services has been successfully reducing their clients’ carbon footprints.

DISTRICT FOR DESIGNERS The Haute Hamptons

REBNY RETAIL REPORT Retail space has been tightening, according to the Spring 2012 Report.

WHY WE NEED ‘WELL-BUILT’ WOMEN by Lori Sokol

CALENDAR OF EVENTS July & August 2012

www.sokolmediaonline.com s 1

=59)&'"/,F'$=#1/ Sokol Media, Inc. LOOKING AHEAD, BY STEPPING BACK… As we embark on the upcoming season of Summer and all !"#!$#%#&!'($!"&'$#)'*$+#,-'$#.$/.0&.1$!*$!"/$2,'!$"#)3$*3$ !"/$4/#,($#.0$!"5'$#.$#66,*6,&#!/$!&+/$3*,$,/7/8!&*.$#9*5!$ how our industry has evolved. It has become clear, for example, that sustainable design and development is not leaving us any time soon, despite a still somewhat stagnant economy. In fact, quite the opposite has occurred. As illustrated in this issue’s feature story on AKAM Living Services, sustainability is overtaking all aspects of residential and commercial building….from the way we live, to the way we work. Further, as highlighted in REBNY’s Spring 2012 Retail Report, the demand for Manhattan retail space so far this year is also building, with available space tightening in the most prominent shopping corridors. And, since looking back also provides us with a view to the future, this issue also marks the 9th Annual edition 0/0&8#!/0$!*$6,*2)&.1$:;<=$>*+/.$&.$?/#)$@'!#!/AB C4$6,*2)&.1$!"/$'!,&0/'$+#0/$94$!"/$*5!'!#.0&.1$%*+/.$ 6,*2)/0$&.$!"&'$&''5/($!"/$,/#)$/'!#!/$&.05'!,4$8#.$.*!$ *.)4$!#-/$6,&0/$&.$"*%$*5,$2/)0$"#'$/D*)D/0($95!$#)'*$ how these honorees will continue to serve as mentors for %*+/.$%"*$/.!/,$!"/$2/)0$3*,$!"/$35!5,/A So, as the Hamptons, the Berkshires, and other hot spots #%#&!$4*5,$#,,&D#)$!"&'$E5++/,($)/!F'$8*.!&.5/$!*$,/7/8!$*.$ where we are, and where we have still yet to go. Happy Summer! G*,&$E*-*)($="AHA I*5.0/,$J$=59)&'"/, Please address all comments and questions to lori@sokolmediaonline.com 2 s www.sokolmediaonline.com

FOUNDER & PUBLISHER Lori M. Sokol ART DIRECTOR Kerstin Vogdes Diehn PUBLISHING CONSULTANT James Janson CONTRIBUTING WRITER Faith Hope Consolo WEB DESIGN Design Disegno ACCOUNTING Daniel Paisner, CPA PRINTING AmericasPrinter Sokol Media, Inc. 123 Town Square Place, #427 Jersey City, NJ 07310 Ph: 201-238-2435 Fx: 201-238-2857 www.sokolmediaonline.com Copyright by Sokol Media, Inc. No part of the publication may be reproduced or transmitted in any form or by any means without prior written consent from the publisher. NY Residential magazine is published quarterly by Sokol Media, Inc., 123 Town Square Place, #427, Jersey City, NJ 07310. Tel (201) 238-2435; Fax (201) 238-2857. Volume 2, Issue 12. The publisher reserves the right to accept or reject any advertising or editorial materials. Advertisers and/or their agents assume the responsibility for all content of published advertisements and assume responsibility for any claims against the published based upon the advertisement. Editorial contributors assume any claims against the publisher based on the published work. No part of this publication may be reproduced in any form or by any electronic ormechanical means, including information storage and retrieval systems without permission in writing from the publisher. All items submitted to NY RESIDENTIAL MAGAZINE become the sole property of Sokol Media, Inc. Editorial content may not necessarily reflect the views of the publisher. All correspondence and inquiries should be addressed to: Sokol Media, Inc., 123 Town Square Place, #427, Jersey City, NJ 07310.

SONIA BAIN

One of New York Cityâ&#x20AC;&#x2122;s Elite Real Estate Attorneys and a Leader for Women in All Industries.

CONGRATULATIONS David Schechtman and Eastern Consolidated

Troutman Sanders Congratulates Our Partner Sonia Kaur Bain as a TOP Woman in Commercial Real Estate

Troutman Sanders LLP is an international law firm with more than 600 lawyers and offices located throughout the United States and China.

t r o u t m a n s a n d e r s . c o m ATLANTA RALEIGH

CHICAGO HONG KONG RICHMOND SAN DIEGO

NEW YORK SHANGHAI

NEWARK NORFOLK ORANGE COUNTY PORTLAND TYSONS CORNER VIRGINIA BEACH WASHINGTON, DC

INDUSTRY NEWS

75 WALL RESIDENCES ATOP THE ANDAZ ARE NOW OVER 50 PERCENT SOLD Sales Velocity Soars at Premier Financial District Condominium THE HAKIMIAN ORGANIZATION recently anK nounced that 75 Wall, the luxury condominium atop the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`!#)&#.$H/'&1.$ E!50&*$#.0$%&0/K6)#.-/0$8/,5'/0$*#-$7**,&.1($)*3!4$8/&)&.1'$ ,&'&.1$#9*D/$aO$3//!($!*6K*3K!"/K)&./$#66)&#.8/'$&.8)50&.1$ %#'"/,b0,4/,($#.0$'&QK3**!$%&.0*%'$4&/)0&.1$'6/8!#85)#,$ 6#.*,#+&8$D&/%'A ?/'&0/.!'$*3$UN$>#))$/.c*4$#.$/.!&,/$7**,$*3$,/'&0/.!K *.)4$#+/.&!&/'($%&!"$#$35))4K/^5&66/0$8#,0&*$'6#8/$#.0$ 4*1#$'!50&*($8)59$,**+$#.0$+5)!&K+/0&#$)*5.1/($#'$%/))$#'$ /Q8)5'&D/$#88/''$!*$!"/$95&)0&.1F'$'6/8!#85)#,$,**3!*6$)*5.1/$

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In addition to the Andaz Wall Street hotel’s many luxury conveniences, residents of 75 Wall Street enjoy exclusive access to the building’s spectacular !""#$"%&'"()*+&,)-&$+!!,.+/&,0")*&"$1+!&!+23-+)$4")'5&,0+)3$3+26& Photo: Evan Joseph

BIZZI & PARTNERS DEVELOPMENT recently announced that the private residences at 400 Fifth Avenue located atop the Setai Fifth Avenue are now more than 60 6/,8/.!$'*)0A$L8"&/D&.1$ja]O$+&))&*.$&.$'#)/'$*D/,$!"/$6#'!$ year alone, the global developer credits a superior product #'$%/))$#'$&!'$6#,!./,'"&6$%&!"$H*51)#'$@))&+#.$RH@S$H/D/)K opment Marketing, the exclusive sales and marketing team #66*&.!/0$&.$P#4$[OaaA “400 Fifth Avenue has quickly become midtown’s premier residential address, and with DE Development Marketing on our campaign, sales continue to pick up momentum,” said Giuseppe Rossi, Executive Vice PresiK dent of Bizzi & Partners. “We are thrilled to celebrate this '&1.&28#.!$'#)/'$+&)/'!*./$#.0$!"/$*./K4/#,$#..&D/,'#,4$ of our partnership with Douglas Elliman Development Marketing.” ;"/$]OK'!*,4$8*.0*+&.&5+$!*%/,($)*8#!/0$#!$I&3!"$LDK /.5/$#.0$\]!"$E!,//!($'/#+)/'')4$6#&,'$#%#,0K%&..&.1$"*!/)$ The Setai Fifth Avenue with an unparalleled collection of 8*.!/+6*,#,4$,/'&0/.8/'$,#.1&.1$3,*+$*./K$!*$+*,/$!"#.$ '&QK9/0,**+'A$H/'&1./0$94$Y%#!"+/4$E&/1/)$J$L''*8&#!/'$ L,8"&!/8!'$#.0$/Q6/,!)4$#66*&.!/0$94$0/'&1.$2,+$HLE$ Concepts, the exquisite 400 Fifth Avenue boasts excepK !&*.#)$D&'!#'$#.0$'56/,&*,$2.&'"/'A @#8"$'6#8&*5'$"*+/$*W/,'$/)/1#.!$2.&'"/'$!"#!$&.8)50/$ 2./)4$8,#3!/0$`!#)&#.$%**0$8#9&./!,4($"#.0K)#&0$9)#8-$*#-$ 7**,&.1($'!*./$8*5.!/,!*6'($#.0$'!#!/K*3K!"/K#,!$#66)&#.8/'A$ `.$#00&!&*.($!"/$7**,K!*K8/&)&.1$%&.0*%'$&.$/D/,4$,/'&0/.8/$ reveal the most breathtaking views of Manhattan.

INDUSTRY NEWS

THE RESIDENCES AT 400 FIFTH AVENUE ARE NOW OVER 60 PERCENT SOLD

n5'!$.#+/0$!"/$[Oa[$C/'!$V*!/)$&.$e/%$f*,-$X&!4$94$ oAEA$e/%'$J$>*,)0$?/6*,!$;,#D/)($!"/$E/!#&$I&3!"$LD/.5/$$ &'$#)'*$"*+/$!*$!"/$8/)/9,#!/0$L&$I&*,&$_$@Q/85!&D/$X"/3$ P&8"#/)$>"&!/F'$./%/'!$,/'!#5,#.!$_$C#,$*.$I&3!"($L5,&1#$ E6#$#.0$n5)&/.$I#,/)$'#)*.A$V*+/*%./,'$.*!$*.)4$"#D/$ !"/'/$)5Q5,&/'$#!$!"/&,$2.1/,!&6'($95!$!"/4$8#.$#)'*$&.05)1/$ in an enviable array of building amenities, including home catering, valet parking, linen and turndown '/,D&8/($"*5'/-//6&.1($#)*.1$%&!"$5.&^5/$*.K8#))$'/,D&8/'m$ pharmacist, physician, dentist, airport transportation and childcare. ?/8/.!$'#)/'$&.8)50/$#$!",//K5.&!$8*+9&.#!&*.$)&'!/0$#!$ jN(UkO(OOO($%"&8"$'6#.'$[(N\U$'^5#,/K3//!$#.0$3/#!5,/'$3*5,$ 9/0,**+'($\AN$9#!",**+'$#.0$7**,K!*K8/&)&.1$%&.0*%'$!"#!$ yield spectacular south and west views of the Empire State C5&)0&.1($!"/$V50'*.$#.0$@#'!$,&D/,'($!"/$I)#!&,*.$95&)0&.1$ and beyond. T`!$&'$#.$"*.*,$!*$,/6,/'/.!$'58"$#$%*,)0$8)#''$6,*6/,!4$ for Bizzi & Partners,” said Karen Mansour, Executive Vice President of DE Development Marketing. “Every residence at 400 Fifth Avenue is truly exceptional, and, with sales velocity increasing as we head into summer, now is the time to claim a piece of Midtown’s most desirable address.” E6#8&*5'$*./K9/0,**+'$'!#,!$#!$ja(ZUN(OOOp$!%*K9/0K ,**+'$'!#,!$#!$j[(NNO(OOOp$#.0$!",//K9/0,**+'$'!#,!$#!$ jN(\NO(OOOA For more information about the residences at 400 Fifth LD/.5/($D&'&!$%%%AZOO23!"#D/.5/A8*+$*,$8*.!#8!$!"/$'#)/'$ *l8/$#!$R[a[S$U\]K\NOOA www.sokolmediaonline.com s 5

2012 ME

TOP

Sonia Kaur Bain, Esq.

N in R E AL

SONIA K. BAIN credits

a broken ankle for leading her into the legal industry and a successful career as one of New York’s top real estate attorneys. Bain, a partner at Troutman Sanders LLP in New York, explains that the broken ankle forced her to stop playing college volleyball. To “pass the time,” she took her first job with a law firm and immediately embraced her new career. “I started off as a bankruptcy lawyer working on many single asset real estate deals #!$#$e/%$f*,-$X&!4K9#'/0$3&,+$?*9&.'*.$C,*1$ Leinwand Genovese Gluck & Greene,’’ says Bain. “When the real estate market started taking off, I joined Fischbein Badillo Wagner Harding, where I was thrown into working on deals for some of the biggest names in New York real estate, including Donald Trump and Leonard Litwin.” Her first major transaction involved the large conversion of a Brooklyn neighborhood at the start of its gentrification. Her work for David 6 s www.sokolmediaonline.com

Walentas and Two Trees Management took place in the neighborhood now well known as DUMBO, which also is the neighborhood she proudly calls home. She led the closings for all the units at the ClockTower and assisted with the refinancing of many of the buildings prior to their conversions. In 2000, Bain joined the well known NYC firm Parker Chapin, which five years later 9/8#+/$!"/$e/%$f*,-$*33&8/$*3$L!)#.!#K9#'/0$ Troutman Sanders. The rest, as they say, is history. ?&'&.1$!*$6#,!./,$&.$!"/$3&,+($C#&.$85,,/.!)4$ focuses her practice on commercial real estate transactions. She considers herself a true ‘dirt lawyer’ representing developers in all aspects of real estate. Her experience includes a broad array of clients representing large big box retail companies, developers, hotel groups, landlords

iStockphoto/© © Jay Lazarin

The Financial District

and tenants in connection with acquisitions, dispositions, development, ground and space leases, and financing and leasing of commercial properties. She also has worked on transactions involving numerous types of commercial assets &.8)50&.1$+&Q/0K5'/($,/'&0/.!&#)($,/!#&)($"*!/)$ and industrial properties throughout New York City and other major markets . “This area of law is so tangible and so rewarding because I know I have played a part in shaping so many great developments and neighborhoods around this city,” Bain says. It is through her significant experience in the preparation and negotiation of leases, purchase agreements, easement and restriction agreements and development agreements on behalf of large big box retail tenants and national developers and landlords that Bain has become an expert in representing buyers and sellers with acquisitions, financings and conversions of buildings including residential, 8*++/,8&#)$ #.0$ +&Q/0K5'/$ 6,*6/,!&/'$ throughout the New York City area. That includes Brooklyn’s DUMBO, as well as Manhattan’s Financial District, Madison Square Park and Hudson Yards. Included in the representation is an array of corporate and partnership work including joint venture agreements, preparation and negotiation of development agreements, easement and

restriction agreements, property management and leasing agreements, and preparation of condominium offering plans. One of the neighborhoods that Bain was involved with from “the ground up” is the Hudson Yards area, where she represented a developer in the acquisition and financing of an assemblage of parcels in New York City with the potential of nearly 1 million square feet of developable space. She helped her client with their acquisition, negotiations and financing of the site and through the process of navigating the client through the myriad of zoning changes, development incentives, and the newly formed New York City programs. More recently, while real estate markets and many of her developer clients had practically halted activity for a few years, Bain kept busy by working as lead counsel on New York projects for a large national retailer in connection with all aspects of the acquisition, development and leasing of new stores and the remodeling and expansion of existing stores. X"#))/.1/0$%&!"$3#8/K!*K3#8/$./1*!&#!&*.'$%&!"$ some of the biggest real estate names in NYC, coupled with adversity from various groups, she took pride in helping her client stand up to the opposition and forge ahead. Bain also joined forces with some of her law firm partners in the Renewable Energy arena

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Photo courtesy Hudson Yards Development Corporation

Hudson Yards

as the lead real estate counsel to some of the firmâ&#x20AC;&#x2122;s lending clients in the financing of major solar facility developments, including the ,/6,/'/.!#!&*.$*3$#$NNP>$5!&)&!4K'8#)/$'*)#,$ 3#8&)&!4$R#66,*Q&+#!/)4$j[NOPP$&.$D#)5/S$&.$ e/%$ P/Q&8*A$;"/$ 8)&/.!($ #$ 9#.-($ 6,*D&0/0$ !"/$ 8*.'!,58!&*.$ 3&.#.8&.1$ #.0$ )*.1K!/,+$ 3&.#.8&.1A T;"&'$ %#'$ #$ 5.&^5/$ #.0$ D/,4$ ,/%#,0&.1$ /Q6/,&/.8/(B$ C#&.$ '#4'($ /Q6)#&.&.1$ !"#!$ !"/$ 8)&/.!$#.0$6,*c/8!$3&.#.8/$!/#+'$*3$;,*5!+#.$ E#.0/,'$?/./%#9)/$@./,14$1,*56$%/,/$3*,8/0$ !*$8*+/$!*$!/,+'$%&!"$!"/$3#8!$!"#!$!"/$9&11/'!$ issues involved with the underwriting of this deal was the understanding of the real estate &''5/'$#.0$,&'-'A$ T;"&'$0/#)$,/^5&,/0$+/$#.0$+4$!/#+$!*$"/)6$ !"/$ 8)&/.!$ #.0$ #))$ !"/$ *!"/,$ .*.K,/#)$ /'!#!/$ professionals involved understand the myriad of real estate issues, including structuring the '/85,&!4($5.0/,'!#.0&.1$!"/$%/9$*3$/#'/+/.!'$ *D/,$ !"&'$ )#.0($ %*,-&.1$ %&!"$ !&!)/$ &''5/'($ &0/.!&34&.1$ !"/$ ,&'-'$ #.0$ 3&.0&.1$ %#4'$ !*$ +&.&+&M/$!"#!$,&'-$!*$!"/$8)&/.!(B$'"/$'#4'A$T`!$ %#'$#$D/,4$8"#))/.1&.1$6,*c/8!AB

8 s www.sokolmediaonline.com

L+*.1$C#&.F'$*!"/,$.*!#9)/$6,*c/8!'($'"/$ was: q$ Counsel to a developer in ground lease #.0$#8^5&'&!&*.$*3$#$+5)!&K6"#'/$UOOK ,**+$ "*!/)$ #.0$ arN(OOOK'^5#,/K3**!$ retail/entertainment center within the Z[.0$ E!,//!$ ?/0/D/)*6+/.!$ 6,*c/8!$ 8,/#!/0$94$#$659)&8K9/./3&!$8*,6*,#!&*.$ *3$e/%$f*,-$E!#!/A q$ Counsel to a national developer in !"/$#8^5&'&!&*.$#.0$3&.#.8&.1$*3$#$ja\a$ +&))&*.$ e/%$ f*,-$ X&!4$ ,/'&0/.!&#)$ tower, including conversion to ,/'&0/.!&#)$8*.0*+&.&5+A q$ Counsel to the developer/purchaser &.$ #8^5&'&!&*.'($ 3&.#.8&.1$ #.0$ c*&.!$ D/.!5,/$ *3$ #.$ jk]$ +&))&*.$ +&Q/0K5'/$ 95&)0&.1$&.$e/%$f*,-$X&!4A q$ Counsel to various retailers in 8*../8!&*.$%&!"$)/#'&.1$#.0$'59)/#'&.1A q$ X*5.'/)$!*$#$6,&D#!/$/^5&!4$1,*56$&.$ !"/&,$ #8^5&'&!&*.$ #.0$ 3&.#.8&.1$ *3$ #$ e/%$f*,-$X&!4$"*!/)$6,*6/,!4A C#&.$8,/0&!'$;,*5!+#.$E#.0/,'$3*,$6#,!$*3$ "/,$'588/''A$T`!$"/)6'$!*$9/$6#,!$*3$#$3&,+$!"#!$

It helps to be part of a firm that has such a broad array of practice areas and offices in key cities so that I can constantly grow my own practice.

iStockphoto/© Reggie Lavoie

The Clock Tower in DUMBO, Brooklyn

Sonia Kaur Bain, Esq. Partner, Troutman Sanders LLP, 2007-present • Member, Hiring Committee • Chair, New York Recruiting • Member, TS Women’s Forum Associate, Troutman Sanders LLP, 2005-2006 EDUCATION • New York Law School, J.D., 1994 • Stony Brook University, State University of New York, B.A., 1991 BAR ADMISSIONS • New York Court Admissions • U.S. District Court for the Southern District of New York • U.S. District Court for the Eastern District of New York • U.S. Court of Appeals for the Second Circuit MEMBERSHIPS • New York State Bar Association • International Council of Shopping Centers • Member, AREW (Association of Real Estate Women) • Member, National Chapter of CREW • Member, WX, Inc. New York Women Executives in Real Estate www.sokolmediaonline.com s 9

has such a broad array of practice areas and offices in key cities so that I can constantly grow my own practice,” she says. “With the firm’s footprint all over the country, it gives us a great foundation moving forward.” In 2011, Bain and fellow partner Dan Anziska had their article “On the Path of Lease Resistance” published in the November 21 issue of the New York Law Journal. In the article, Bain and Anziska examined how New York law practitioners can protect their retail clients and minimize the risks posed by potential unknown restrictions and exclusive use provisions in leases they may sign. “An attorney representing its retail tenant should keep in mind the potential /Q6/.'&D/$#.0$0/#0K/.0K,*#0K#"/#0$3*,$"&'b"/,$8)&/.!$&3$!"/$8)&/.!$3&.0'$&!'/)3$&.$ violation of existing restrictions affecting its lease space,” the pair stated. “By taking some of the effective diligence steps and negotiating certain protective provisions in its lease, a retail tenant can substantially reduce its risks associated with the pitfalls of violating any restriction provisions that may be out there.” A second article analyzing the issues around rights of first refusal is due out in the NYLJ later this year.

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iStockphoto/© Pgiam

iStockphoto/© Dave Newman

Madison Square Park

Solar facility in New Mexico

This area of law is so tangible and so rewarding because I know I have played a part in shaping so many great developments and neighborhoods around this city.

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2012 N in R E AL

Sonia Bain Alison Bernstein Robin Dolch Karen Dome Linda Isaacson Suri Kasirer Shari Linnick Rachel Loeb Laura Walker

Troutman Sanders Suburban Jungle Realty Hundred Stories PR Marcus & Millichap First American Title Kasirer Consulting TREPP World Wide Holdings CITI

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2012 N in R E AL

We work with young families who are now looking to settle down and know this will be the homes where their kids will grow up.

Alison Bernstein

lison Bernstein is founder of The Suburban Jungle Realty Group. A former Manhattanite, Bernstein, 36, now resides in Armonk, NY with her husband and four children. During a move to the suburbs in 2008, Bernstein experienced firsthand the real estate community’s lack of local knowledge and resources to aid in her transition out of New York. She knew then that the industry needed a firm to specialize in relocating city dwellers to the many smaller towns within commuting distance of Midtown. Soon after, Bernstein established The Suburban Jungle Realty Group in an office space at 275 Madison Avenue. At first, the company offered a few “mommy bloggers” to help clients select their ideal town. Quickly, however, Bernstein realized the need to address the specific needs of this market segment. Under her watchful eye, the firm has garnered attention as New York’s first suburban )&D&.1K3*85'/0$3&,+$6,*D&0&.1$/Q6/,!&'/$&.$./#,)4$NOO$ !*%.'$&.$>/'!8"/'!/,$RefS($X*../8!&85!($G*.1$`')#.0$

12 s www.sokolmediaonline.com

RefS$ #.0$ e/%$ n/,'/4A$L.$ /.!,/6,/./5,&#)$ #66,*#8"$ to residential real estate enables her to provide an unsurpassed quality of service to her clients. $=,/D&*5')4$/+6)*4/0$94$X/.0#.!($!"/$6#,/.!$8*+6#.4$ of Realogy, Bernstein has more than 15 years of valuable work experience in sales, leasing, investment banking and corporate strategic work for three of the nation’s leading real estate brands. Bernstein obtained a BS in Finance from the o.&D/,'&!4$*3$`))&.*&'$#!$o,9#.#$X"#+6#&1.$#.0$#.$PCL$ 3,*+$X*)5+9&#$C5'&./''$E8"**)A$E"/$&'$#$+/+9/,$*3$!"/$ National Association of Realtors, The New York State L''*8&#!&*.$*3$?/#)!*,'($;"/$>/'!8"/'!/,$X*5.!4$C*#,0$ *3$?/#)!*,'($;"/$>/'!8"/'!/,$=5!.#+$P5)!&6)/$G&'!&.1$ Service, The Eastern Bergen Board of Realtors, The e/%$n/,'/4$P5)!&6)/$G&'!&.1$E/,D&8/($;"/$e/%$n/,'/4$ L''*8&#!&*.$ *3$ ?/#)!*,'($;"/$ X*.'*)&0#!/0$ P5)!&6)/$ G&'!&.1$E/,D&8/($!"/$P&0$I#&,3&/)0$C*#,0$*3$?/#)!*,'$#.0$ ;"/$G*.1$`')#.0$C*#,0$*3$?/#)!*,'($#.0$&'$)&8/.'/0$&.$ !"/$'!#!/'$*3$e/%$f*,-($e/%$n/,'/4$#.0$X*../8!&85!A

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Robin Dolch

n early 2011, veteran publicist Robin Dolch launched Hundred Stories PR, the first boutique real estate publicity firm to arrive in New York in more than a decade. Taking both a personal and professional leap, Dolch left her job as senior vice president at the renowned pubic relations outfit Rubenstein Associates to build a company commensurate with the dynamism of New York’s housing market. From the very beginning, Dolch’s mission for Hundred Stories was to &+95/$#))$*3$!"/$8*+6#.4F'$'/,D&8/'$_$,/#)$/'!#!/$659)&8&!4($8*++5.&8#!&*.$ '!,#!/1&/'$#.0$)*8#)$#.0$1)*9#)$6,/''$6)#!3*,+'$_$%&!"$!,5/$'!*,4!/))&.1A$ As a native New Yorker, growing up amid some of the most beautiful architecture in the world, she believes that every building has a hundred stories and a thousand fascinating details worthy of a compelling narrative. In the short time since the company’s founding, Hundred Stories has #8^5&,/0$#.$&+6,/''&D/$8)&/.!$9#'/$!"#!$&.8)50/'$.#!&*.#)$#.0$+5)!&K.#!&*.#)$ 8*,6*,#!&*.'$RL3,&8#$`',#/)$oEL($?/)#!/0($I*,/'!$X&!4$?#!./,$X*+6#.&/'($ X",&'!&/F'$`.!/,.#!&*.#)$?/#)$@'!#!/S($659)&8#))4$!,#0/0$?@`;'$RI/0/,#)$ ?/#)!4p$G&1"!'!*./$Y,*56S$#.0$!"/$+*'!$'*51"!K#3!/,$,/'&0/.!&#)$6,*c/8!'$ &.$P#."#!!#.F'$!,/.0&/'!$./&1"9*,"**0'$R[O$=&./$;"/$X*))/8!&*.($LM5,/($ <./$P5'/5+$P&)/$#.0$X#,,&#1/$V*5'/SA$V5.0,/0$E!*,&/'$,/6,/'/.!'$!"/$ X&!4F'$!*6$9,*-/,$'58"$#'$H*51)#'$V/00&.1'bV/00&.1'$=,*6/,!4$Y,*56($ ;*+$=*'!&)&*($3*5.0&.1$+/+9/,$*3$X*,/$#.0$!"/$I,/0,&-$@-)5.0bn*".$ Y*+/'$Y,*56$*3$=,50/.!&#)$H*51)#'$@))&+#.A$X5,,/.!)4$*./$*3$!"/$3#'!/'!$ growing public relations firms in New York, Hundred Stories has even extended its reach into the Miami market. In building a successful real estate public relations company during a time when the jobs and housing markets had largely stalled, Dolch has proven "/,'/)3$!*$9/$*./$*3$!"/$!*6$%*+/.$&.$e/%$f*,-$X&!4F'$8*+6/!&!&D/$,/#)$ estate industry. And by mentoring young public relations professionals, especially young women, Dolch is passing on this entrepreneurial spirit and drive.

The hallmark of Hundred Stories is in the name itself – we’re committed to telling the client’s story, in the right way, to the right audience. www.sokolmediaonline.com s 13

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Karen Dome

My passion for the art of commercial real estate empowers me each day. 14 s www.sokolmediaonline.com

aren Dome is a Senior Associate of Marcus & Millichap Real Estate Investment Services. She is a strong leader in the New York commercial real estate industry for more than 20 years. Marcus & Millichap is currently the Nationâ&#x20AC;&#x2122;s largest Real Estate Investment Services firm with !*!#)$'#)/'$&.$[Oaa$#!$jaU$9&))&*.A$H*+/$&'$#$,/#)$/'!#!/$#0D&'*,$3*,$#))$ property types and working out of the NYC offices. Her expertise &'$&.$!"/$'#)/$*3$,/!#&)$'"*66&.1$8/.!/,'($./!K)/#'/0$#''/!'($+5)!&3#+&)4$ investments, office, hotels, industrial and special assets. Karen serves as a Senior Associate of the National Multifamily Housing Group, National Retail Group and the Special Assets Service division. P'A$H*+/F'$6,&*,$/Q6/,!&'/$"#'$9//.$#'$3*5.0/,$#.0$=,/'&0/.!$*3$ Justdan Realty handling acquisitions and dispositions for clients in !"/$e*!K3*,_6,*3&!$'/8!*,A$`.$[OOO($'"/$c*&./0$YiL$>&))&#+'$%"/,/$ '"/$"#0$9//.$/Q!/.'&D/)4$&.D*)D/0$&.$#8^5&'&!&*.'($0/D/)*6+/.!($ leasing, and asset management. For seven years, Karen oversaw the asset management for the real estate family owned properties and concentrated in maximizing the ownerâ&#x20AC;&#x2122;s return on investment. During her work for Sumitomo Realty and Developments N.Y. `.8A$3*,$a\$4/#,'($'"/$%#'$,/'6*.'&9)/$3*,$!"/$#''/!$+#.#1/+/.!$ and the leasing of over 5 million square feet of Class A properties including 666 Fifth Avenue, 489 Fifth Avenue, 655 Fifth Avenue and 693 Fifth Avenue. h#,/.$H*+/$%#'$/)/8!/0$#'$!"/$[Oaa$J$[Oa[$efX?@>$Kef$ X*++/,8&#)$?/#)$@'!#!/$>*+/.$=,/'&0/.!$J$X"#&,+#.$*3$!"/$C*#,0$ *3$H&,/8!*,'A$efX?@>F'$D&'&*.$&'$!"/$#8"&/D/+/.!$*3$6#,&!4$*3$ women in commercial real estate through power, influence and *66*,!5.&!&/'A$efX?@>$&'$!"/$ef$8"#6!/,$*3$X?@>$K$!"/$.#!&*.#)$ *,1#.&M#!&*.$*3$X*++/,8&#)$?/#)$@'!#!/$%*+/.A$X?@>$,/6,/'/.!'$ k(OOO$+/+9/,'$%&!"&.$!"/$8*++/,8&#)$,/#)$/'!#!/$&.05'!,4$#.0$#,/$ )*8#!/0$&.$UZ$+#c*,$+#,-/!'$#8,*''$!"/$8*5.!,4$#.0$X#.#0#A$E"/$ '/,D/'$*.$!"/$?@CefF'$X*++/,8&#)$P#.#1/+/.!$X*5.8&)($X?@>$ e/!%*,-$G/#0/,'"&6$@058#!&*.$X*++&!!//$#.0$#.$#8!&D/$+/+9/,$*3$ `XEXA$h#,/.$&'$#.$efo$#0c5.8!$6,*3/''*,A$V/,$8"#,&!#9)/$#33&)&#!&*.'$ &.8)50/$"/,$,*)/$#'$H&,/8!*,$*3$!"/$E!A$=#5)$!"/$L6*'!)/$V*+/)/''$ Shelter, affiliated with the NYC Department of Homeless and on !"/$#0D&'*,4$9*#,0$3*,$L&0$3*,$!"/$>*,)0A

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2012 N in R E AL

I consider myself to be super-driven, and one who is not afraid to take measured risk.

Linda J. Isaacson

inda J. Isaacson is Senior Vice President of First American Title. She leads a strategic portfolio of business intelligence initiatives, analytics and process improvement for the National Commercial Services Division while communicating the vision *3$C`$J$'!,#!/14$/.!/,6,&'/K%&0/A$G&.0#F'$3*85'$&'$*.$0/D/)*6&.1$8,&!&8#)$ market intelligence in 20 of the top commercial markets across the United States. Prior to this, Linda was the Chief Operating Officer and Executive Vice =,/'&0/.!$*3$!"/$8*+6#.4F'$e/%$f*,-$H&D&'&*.A$`.$"/,$,*)/$%&!"$!"/$e/%$ f*,-$H&D&'&*.($'"/$%#'$,/'6*.'&9)/$3*,$!"/$'!,#!/1&8$6)#..&.1($+#.#1/+/.!$ #.0$*D/,#))$,&'-$+&!&1#!&*.$6,*c/8!'$*3$!"/$e/%$f*,-$*6/,#!&*.A$ L$ !/.K4/#,$ D/!/,#.$ *3$ !"/$ !&!)/$ &.'5,#.8/$ &.05'!,4($ `'##8'*.$ #)'*$ oversees tactical account management of title and portfolio transactions for principals, lenders, developers, law firms, REITS, institutional, 6/.'&*.$#.0$8,*''K9*,0/,$&.D/'!*,'$#8,*''$!"/$o.&!/0$E!#!/'A$E"/$"#'$ +#.#1/0$+5)!&K'!#!/$#.0$+5)!&K'&!/$!,#.'#8!&*.'$/Q8//0&.1$ja$9&))&*.A Isaacson joined First American in 2007 as Senior Vice President *3$I&,'!$L+/,&8#.$;&!)/$`.'5,#.8/$X*+6#.4$*3$e/%$f*,-A$E"/$%#'$ promoted to Senior Vice President of First American Title Insurance X*+6#.4$ &.$ [OaO$ #.0$ )/0$ !"/$ +/,1/,$ *3$ !"/$ I&,'!$L+/,&8#.$;&!)/$ `.'5,#.8/$X*+6#.4$*3$e/%$f*,-($%"&8"$*6/,#!/0$#'$#.$&.0/6/.0/.!$ '59'&0&#,4($&.!*$!"/$6#,/.!$8*+6#.4$#'$&!'$e/%$f*,-$H&D&'&*.A$=,/D&*5')4$

Isaacson was a member of the Board of Directors of First American Title `.'5,#.8/$X*+6#.4$*3$e/%$f*,-A$L66*&.!/0$!*$!"/$I&,'!$L+/,&8#.$ ;&!)/F'$Y)*9#)$X*++/,8&#)$E/,D&8/'$;/#+($G&.0#$#''&'!'$&.$!#,1/!&.1$ +5)!&K.#!&*.#)$8*+6#.&/'$#.0$.#!&*.#)$&.D/'!*,'$'//-&.1$&.D/'!+/.!$ opportunities in the US. In addition, Isaacson participates on numerous corporate committees. In 2008, Isaacson was nominated as a 2008 Women of Influence by Real Estate New York$#.0$&.$[Oaap$G&.0#$%#'$.*+&.#!/0$94$?/#)$@'!#!/$I*,5+$ #'$#$[Oaa$>*+/.$*3$`.3)5/.8/A$E"/$&'$#$+/+9/,$*3$>s($`.8A($e/%$f*,-$ Leading Women Executives in Commercial Real Estate, American Real @'!#!/$>*+/.$RL?@>S($e/%$f*,-$X*++/,8&#)$?/#)$@'!#!/$>*+/.$ RefX?@>S($onLKI/0/,#!&*.$*3$e/%$f*,-F'$?/#)$@'!#!/$#.0$L))&/0$ ;,#0/'$H&D&'&*.($o,9#.$G#.0$`.'!&!5!/$RoG`S($?/#)$@'!#!/$C*#,0$*3$e/%$ f*,-$R?@CefS($#.0$L+/,&8#.$G#.0$;&!)/$L''*8&#!&*.$RLG;LSA `'##8'*.$&'$#$+/+9/,$*3$!"/$=,*3/''&*.#)$>*+/.F'$X**,0&.#!&.1$ Y,*56$*3$>*+/.F'$="&)#.!",*64($onLKI/0/,#!&*.$*3$e/%$f*,-($!"/$ Sights and Sounds Committee of the Real Estate Division of the onLKI/0/,#!&*.$ *3$ e/%$f*,-($ !"/$>*+/.F'$ @Q/85!&D/$ X*5.8&)$ *3$ !"/$onLKI/0/,#!&*.$*3$e/%$f*,-A$L$.#!&D/$*3$E*5!"$L3,&8#($`'##8'*.$ 85,,/.!)4$,/'&0/'$&.$G*.1$`')#.0($e/%$f*,-($%&!"$"/,$"5'9#.0A$E"/$&'$ #$1,#05#!/$*3$!"/$o.&D/,'&!4$*3$P&#+&$#.0$"*)0'$#$P#'!/,F'$H/1,//$ from Boston University.

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Suri Kasirer I love being an advocate, and in real estate, I am able to help developers understand what communities want and what it takes to get the job done on schedule and in budget.

uri Kasirer is the founder and president of the New f*,-$X&!4K9#'/0$8*.'5)!&.1$3&,+($%"&8"$9/#,'$"/,$.#+/A$ h#'&,/,$X*.'5)!&.1($GGX$'6/8&#)&M/'$&.$1*D/,.+/.!$ ,/)#!&*.'($659)&8$#33#&,'$#.0$'!,#!/1&8$8*.'5)!&.1A$I*,$ +*,/$!"#.$#$0/8#0/$E5,&$"#'$)/0$"/,$3&,+($%"&8"$,#.-/0$.5+9/,$ *./$#+*.1$)*994&.1$3&,+'$&.$e/%$f*,-$X&!4$3*,$!"/$6#'!$'/D/.$ 4/#,'$&.$#$,*%$#.0$&'$#+*.1$!"/$!*6$!/.$3&,+'$&.$e/%$f*,-$ E!#!/A L$.#!&D/$e/%$f*,-/,$#.0$1,#05#!/$*3$f/'"&D#$o.&D/,'&!4($ E5,&$&'$#8!&D/$&.$6*)&!&8#)($85)!5,#)$#.0$'*8&#)$#8!&D&!&/'$"/,/$&.$ e/%$f*,-$#.0$#8,*''$!"/$8*5.!,4A$E5,&$'/,D/'$*.$!"/$C*#,0$*3$ H&,/8!*,'$*3$!"/$e/%$f*,-$G/#15/$*3$X*.'/,D#!&*.$i*!/,'p$ X&!4+/#)'K*.K>"//)'p$ C&1$ C,*!"/,'$ C&1$ E&'!/,'p$ e#!&*.#)$ n/%&'"$H/+*8,#!&8$X*5.8&)p$C5'&./''$X*5.8&)$*3$!"/$e/%$ f*,-$ E!#!/$ H/+*8,#!&8$ X*++&!!//p$>*+/.F'$ G/#0/,'"&6$ I*,5+p$X*,*$e/%$f*,-p$#.0$!"/$L.'*.&#$H/+*8,#!&8$X)59A E5,&$"#'$9//.$.#+/0$*./$*3$!"/$NO$P*'!$=*%/,35)$>*+/.$ &.$e/%$f*,-$94$Crainâ&#x20AC;&#x2122;s New York Business$3*,$!",//$8*.'/85!&D/$ 4/#,'$#.0$%#'$,/8*1.&M/0$#'$#$T?&'&.1$E!#,B$94$Campaign & Elections$+#1#M&./A$E5,&$"#'$9//.$"*.*,/0$94$!"/$e#!&*.#)$ <,1#.&M#!&*.$*3$>*+/.$Ref$X"#6!/,S$#.0$94$D#,&*5'$*!"/,$ 8"#,&!#9)/$*,1#.&M#!&*.'A

16 s www.sokolmediaonline.com

L3!/,$%*,-&.1$#'$#.$/058#!*,$#.0$,5..&.1$#$.#!&*.#)$*5!,/#8"$*,1#.&M#!&*.($ E5,&$c*&./0$!"/$/Q/85!&D/$'!#33$*3$3*,+/,$e/%$f*,-$E!#!/$Y*D/,.*,$P#,&*$ X5*+*($ #'$ "&'$ '6/8&#)$ #''&'!#.!A$L3!/,$ '/,D&.1$ &.$ E!#!/$ 1*D/,.+/.!($ E5,&$ /'!#9)&'"/0$"/,$8*.'5)!&.1$6,#8!&8/$!"#!$!*0#4$,/6,/'/.!'$#$9,*#0$'6/8!,5+$ *3$I*,!5./$NOO$8*,6*,#!&*.'($,/#)$/'!#!/$0/D/)*6/,'$#.0$.*.K6,*3&!'A <./$*3$!"/$+*'!$'&1.&3&8#.!$#,/#'$%"/,/$E5,&$"#'$+#0/$"/,$+#,-$&'$!"/$3&,+F'$ ,/#)$/'!#!/$6,#8!&8/A$h#'&,/,$X*.'5)!&.1$"#'$,/6,/'/.!/0$,/#)$/'!#!/$8)&/.!'$'&.8/$ !"/$3&,+F'$&.8/6!&*.$_$.*!$*.)4$"&1"K6,*3&)/($X&!4%&0/$0/D/)*6/,'($95!$#)'*$+*,/$ )*8#)&M/0$56K#.0K8*+&.1$0/D/)*6/,'A$h#'&,/,$X*.'5)!&.1$"#'$15&0/0$,/#)$/'!#!/$ 8)&/.!'$!",*51"$!"/$+#M/$*3$1*D/,.+/.!$#66,*D#)$6,*8/''/'($.*!$*.)4$*.$)#,1/K '8#)/($"&1"K6,*3&)/$6,*c/8!'$95!$%&!"$!"/$0#4K!*K0#4$*6/,#!&*.'$*3$&.!/,3#8&.1$ %&!"$1*D/,.+/.!$#.0$/)/8!/0$*33&8&#)'$*.$9/"#)3$*3$!"/$&.05'!,4A$I,*+$)/#0&.1$ )#,1/$'8#)/$6,*c/8!'$!",*51"$!"/$o.&3*,+$G#.0$o'/$?/D&/%$=,*8/''$RoGo?=S$ !*$,/6,/'/.!&.1$0/D/)*6/,'$9/3*,/$!"/$G#.0+#,-'$=,/'/,D#!&*.$X*++&''&*.$ RG=XS$ #.0$ !"/$C*#,0$ *3$E!#.0#,0'$ #.0$L66/#)'$ RCELS$ !*$0/#)&.1$ %&!"$!"/$ 95,/#58,#84$#!$!"/$H/6#,!+/.!$*3$C5&)0&.1'$!*$/Q6/0&!/$6/,+&!$#66,*D#)'($ E5,&$h#'&,/,$"#'$"/)6/0$'"#6/$+#.4$0/D/)*6+/.!$6,*c/8!'$!",*51"*5!$e/%$ f*,-$X&!4($&.$#))$3&D/$9*,*51"'A E*+/$*3$"/,$+*'!$.*!#9)/$%*,-$&.8)50/'m q$ X*,./))$o.&D/,'&!4$L66)&/0$E8&/.8/$X#+65' q$ ;"/$=)#M#$V*!/) q$ ;"/$e/%$H*+&.* q$ X*)5+95'$X&,8)/m$P5'/5+$*3$L,!$#.0$H/'&1. q$ ;"/$`.05'!,&#)$H/D/)*6+/.!$L5!"*,&!4$*.$9/"#)3$*3$@Q!/))$H/D/)*6+/.! q$ E*5!"$ E!,//!$ E/#6*,!F'$ =&/,$ aU$ *.$ 9/"#)3$ *3$ !"/$ V*%#,0$ V51"/'$ Corporation q$ EG$Y,//.

TOP

2012 N in R E AL

Shari D. Linnick

hari Linnick is a Vice President in the Client Services group at Trepp LLC as well as an Adjunct Professor of Capital Markets in the Masters Degree program at NYU Schack Institute of Real Estate. She has participated in numerous panels at the NYU Schack Institute featuring various topics regarding commercial real estate and CMBS and has been a guest lecturer at the Zicklin School of Business at Baruch College. Ms. Linnick manages more than 500 client relationships at Trepp, the leading provider of CMBS and commercial mortgage information, analytics and technology to the global securities and investment management industries. She consults with leading investment banks, pension funds, insurance companies, hedge funds and REITs related to CMBS deal structures, loan underwriting, cash flow modeling, bond pricing and valuation, and current market issues and initiatives. Prior to joining Trepp, Ms. Linnick was an Associate Director in the CMBS group at MetLife and an Associate Director in the CMBS Surveillance group at Fitch Ratings. She has prior experience in investment banking and founded Outerspace Realty, Inc., a commercial real estate brokerage firm in New York City focusing on artistsâ&#x20AC;&#x2122; space in Williamsburg and Bushwick, Brooklyn. She is a licensed broker and has more than 11 years of commercial real estate experience. Ms. Linnick has been an active member and board member of New York X*++/,8&#)$?/#)$@'!#!/$>*+/.$RefX?@>S$'&.8/$[OOUA$E"/$&'$!"/$efX?@>$ =,/'&0/.!K@)/8!$3*,$[Oa\A$P'A$G&..&8-$'/,D/0$#'$#$+/.!*,$&.$!"/$efo$E8"#8-$ `.'!&!5!/$ *3$ ?/#)$ @'!#!/$ P/.!*,'"&6$ =,*1,#+$ 3,*+$ [OO]$ !*$ [OOk($ #.0$ "#'$ 9//.$6#,!$*3$!"/$f*5.1$L)5+.&$G/#0/,'"&6$X&,8)/$'&.8/$[OO]A$`.$#00&!&*.($P'A$ G&..&8-$8*K8"#&,/0$!"/$>*+/.F'$?/#)$@'!#!/$e/!%*,-$R>?@eS$#!$!"/$E8"#8-$ `.'!&!5!/$3,*+$[OON$!*$[OO]A$E"/$&'$85,,/.!)4$#$+/+9/,$*3$!"/$X?@IX$@058#!&*.$ Committee, which works on behalf of the organization to promote and create educational opportunities for those in CMBS and the greater CRE industry. Ms. Linnick holds a Masterâ&#x20AC;&#x2122;s Degree in Real Estate Finance from the NYU Schack Real Estate Institute and a Bachelor of Musical Arts degree from the University of Michigan School of Music. She currently resides in Brooklyn, New York.

As a former classical musician, I had to learn how to stand in front of an audience and get an idea across...which has only helped me in my current career. www.sokolmediaonline.com s 17

TOP

2012 N in R E AL

Rachel Loeb

aving recently joined New York based ;"/$ >*,)0K>&0/$ Y,*56$ #'$ H&,/8!*,$ *3$ H/D/)*6+/.!($?#8"/)$G*/9$&'$ ,/'6*.'&9)/$ 3*,$ #8^5&'&!&*.'$ #.0$ ./%$ 0/D/)*6+/.!$ 6,*c/8!'A$L$6,&D#!/$,/#)$/'!#!/$0/D/)*6+/.!$#.0$&.D/'!+/.!$ 8*+6#.4$ !"#!$ '6/8&#)&M/'$ &.$ ,/'&0/.!&#)$ #.0$ +&Q/0K5'/$ 0/D/)*6+/.!($;"/$>*,)0K>&0/$ Y,*56$ &'$ 5!&)&M&.1$ P'A$ G*/9F'$ !*$ 8**,0&.#!/$ '/D/,#)$ ./%$ 6,*c/8!'($ &.8)50&.1$ #$ ZO(OOO$'^5#,/K3**!$6#,8/)$&.$95,1/*.&.1$G*.1$`')#.0$X&!4A$ C/3*,/$c*&.&.1$;"/$>*,)0K>&0/$Y,*56($P'A$G*/9$%#'$#$ E/.&*,$H&,/8!*,$*3$H/D/)*6+/.!$LD#)*.C#4$X*++5.&!&/'F$ e/%$f*,-$X&!4$*33&8/($%"/,/$'"/$%#'$,/'6*.'&9)/$3*,$*D/,$ j]OO$+&))&*.$%*,!"$*3$,/#)$/'!#!/A$`.$!"&'$6*'&!&*.($P'A$ G*/9$5'/0$"/,$/Q6/,!&'/$&.$0/D/)*6+/.!$!*$/.'5,/$!"/$ '588/''$*3$ !"/$659)&8)4$ !,#0/0($+5)!&K3#+&)4$ ,/#)$/'!#!/$ &.D/'!+/.!$!,5'!A$ P'A$G*/9$8#.$9/$8,/0&!/0$%&!"$!"/$8*+6)/!&*.$*3$+#.4$ )#,1/K'8#)/$6,*c/8!'$05,&.1$"/,$!&+/$#!$LD#)*.($&.8)50&.1$ LD#)*.$P*,.&.1'&0/$=#,-$&.$P#."#!!#.F'$o66/,$>/'!'&0/($ #$\OOK#6#,!+/.!$+&Q/0K&.8*+/$,/.!#)$8*++5.&!4$*.$#$ '&!/$)/#'/0$3,*+$!"/$X#!"/0,#)$*3$E!A$n*".$!"/$H&D&./$!"#!$ *6/./0$&.$P#4$[OOkA$E"/$#)'*$*D/,'#%$LD#)*.$>"&!/$=)#&.'($ #$6,*c/8!$*3$'&+&)#,$'&M/$!"#!$*6/./0$*.)4$!",//$+*.!"'$ #3!/,$P*,.&.1'&0/$=#,-A$G*/9$"#'$#)'*$9//.$#66)#50/0$3*,$ "/,$,*)/$#'$!"/$0/D/)*6/,$*3$LD#)*.$>/'!$X"/)'/#($#$UOOK 5.&!$+&Q/0K5'/$#.0$+&Q/0K&.8*+/$0/D/)*6+/.!$)*8#!/0$ ./Q!$!*$!"/$V&1"$G&./($%"&8"$9,*-/$1,*5.0$&.$[OaaA$ =,&*,$!*$c*&.&.1$LD#)*.C#4$&.$[OOZ($P'A$G*/9$%*,-/0$ &.$C*'!*.$3*,$YGX$H/D/)*6+/.!($#$,/#)$/'!#!/K3*85'/0$ 8*.'5)!&.1$ 3&,+$ %"/,/$ '"/$ 35,!"/,/0$ "/,$ /Q6/,&/.8/$ &.$ !"/$&.05'!,4A$V/,$6,*c/8!'$#!$YGY$&.8)50/0$#.$#6#,!+/.!$ 8*.0*+&.&5+$8*.D/,'&*.($!"/$6/,+&!!&.1$*3$#$ZOOK5.&!$ %#!/,3,*.!$8*.0*+&.&5+$0/D/)*6+/.!($#.0$'/D/,#)$659)&8$ '/8!*,$/8*.*+&8$6)#..&.1$#''&1.+/.!'A$`!$'"*5)0$#)'*$9/$ .*!/0$!"#!$05,&.1$"/,$!&+/$#!$YGY($G*/9$8**,0&.#!/0$!"/$ 0/D/)*6+/.!$*3$!"/$%&..&.1$?I=$'59+&''&*.$3*,$#$./%$ 85)!5,#)$8/.!/,$*.$!"/$?*'/$h/../04$Y,//.%#4($%"&8"$ %#'$0/'&1./0$94$,/.*%./0$#,8"&!/8!($H#.&/)$G&/9'-&.0A P'A$G*/9F'$'56/,&*,$%*,-$#'$#$0/D/)*6/,$"#'$.*!$1*./$ 5..*!&8/0$&.$!"/$,/#)$/'!#!/$#.0$95'&./''$%*,)0'A$E"/$%#'$ #%#,0/0$ !"/$ 0&'!&.8!&*.$ *3$ 9/&.1$ #$ +/+9/,$ *3$ X,#&.F'$

18 s www.sokolmediaonline.com

I enjoy being a generalist in a specialist field. 40Under40$X)#''$*3$[OaaA$G*/9$#)'*$,/8/&D/0$!"/$2008 Spirit of the City Award($ %"&8"$&'$1&D/.$94$!"/$X#!"/0,#)$X"5,8"$*3$E!A$n*".$!"/$H&D&./$&.$*,0/,$!*$ "*.*,$!"*'/$%"*'/$%*,-$"#'$"#0$#$6*'&!&D/$&+6#8!$*.$e/%$f*,-$X&!4A$ P'A$G*/9$85,,/.!)4$'/,D/'$#'$8*K8"#&,$3*,$!"/$=,*1,#+$X*++&!!//$*3$!"/$ oG`$e/%$f*,-$H&'!,&8!$X*5.8&)($%"/,/$'"/$#)'*$'&!'$*.$!"/$P#.#1/+/.!$ X*++&!!//A$`.$#00&!&*.($P'A$G*/9F'$/Q6/,!&'/$&'$9/&.1$5!&)&M/0$&.$"/,$,*)/$#'$ !"/$8*K8"#&,$*3$!"/$95&)0&.1$8*++&!!//$*3$!"/$C,**-)4.$V/&1"!'$E4.#1*15/($ %"&8"$&'$85,,/.!)4$5.0/,!#-&.1$#$+5)!&K4/#,$,/.*D#!&*.$#.0$/Q6#.'&*.A$ P'A$G*/9$&'$#$1,#05#!/$*3$e*,!"%/'!/,.$o.&D/,'&!4$%&!"$#$0/1,//$&.$V&'!*,4$ #.0$!"/$P#''#8"5'/!!'$`.'!&!5!/$*3$;/8".*)*14$%"/,/$'"/$/#,./0$#$P#'!/,'$&.$ X&!4$=)#..&.1$#.0$,/8/&D/0$!"/$?#)6"$L0#+'$X,#+$L%#,0$3*,$<5!'!#.0&.1$ ;"/'&'$&.$!"/$E8"**)$*3$L,8"&!/8!5,/$#.0$=)#..&.1A

TOP

2012 N in R E AL

Laura A . Walker

aura is a Senior Vice President and she is a member of the specialized Financial Intermediaries Group within Citi Commercial Bank. In this role as a Regional Relationship Manager, Laura is responsible for managing Citibank’s largest commercial clients in the United States. Her specialties include working with commercial real estate, property managers, brokers #.0$#1/.!'($&.D/'!+/.!$+*./4$+#.#1/+/.!$3&,+'$R6,&D#!/$ /^5&!4$3&,+'$#.0$&.D/'!+/.!$8*+6#.&/'Sp$!&!)/$8*+6#.&/'p$aO\a$ /Q8"#.1/$8*+6#.&/'($&.'5,#.8/$8*+6#.&/'p$3*,/&1.$/Q8"#.1/$ and international banking. E"/$"#'$9//.$%&!"$X&!&$3*,$*D/,$[O$4/#,'$#.0$'"/$"#'$'6/.!$ !"/$)#'!$a[$4/#,'$&.$X&!&$X*++/,8&#)$C#.-A$V/,$6,/D&*5'$,*)/'($ included retail banking management, residential mortgage originations, financial control and project management. Laura has been a 7 time recipient of Citi’s “Circle of Excellence Award,” This award is presented to Citi’s Best of the Best in each job category nationally. She received this award while in both the Commercial Banking Division and the Residential Mortgage Division.

One of the things I’ve learned throughout my career is that the key to creating your own future is taking the lessons learned from your past.

Laura is a member of the national finance committee of the Commercial Real Estate Women and on the Board of Directors for New York Commercial ?/#)$@'!#!/$>*+/.$&.$[Oa[A$E"/$%#'$!"/$i#.15#,0$#%#,0$%&../,$3*,$efX?@>$ &.$[OaaA$G#5,#$%#'$!"/$8*KX"#&,$*3$!"/$E6*.'*,'"&6$X*++&!!//$*3$efX?@>$ &.$[OaaA$E"/$"#'$659)&'"/0$#.$#,!&8)/$3*,$!"/$L+/,&8#.$?/#)$@'!#!/$>*+/.$&.$ !"/$>&.!/,$[Oa[$./%')/!!/,A$E"/$&'$#)'*$#8!&D/)4$&.D*)D/0$&.$!"/$`.!/,.#!&*.#)$ Council of Shopping Centers, National Association of Industrial and Operating Properties, Urban Green Council, American Real Estate Women, The Real Estate Finance Association and The Association for Corporate Growth. She has been a volunteer of the Network for Teaching Entrepreneurship. Laura is a graduate of Hofstra University, where she earned a MBA in Finance and Management. She holds both insurance and securities licenses.

www.sokolmediaonline.com s 19

First American Title Insurance Company

!"#$%&'()&'*+, , The 2012 Top Women In Real Estate And The Honoree !

-"#.&,/&.#, Partner, Troutman Sanders

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633 Third Avenue, New York, NY 10017! (212) 922.9700 | (800) 437.1234 | www.FirstAm.com | www.FirstAmNy.com!!

!"!# Reducing Their Clients’ Carbon Footprint Since 1983, AKAM Living Services has been successfully providing exceptional real estate services that protect and enhance both the !"#$%&'$"&(#)*+$()",(-+)*!&.(/0(*!0$(0/1(!&%(2*!$"&%3(4/,).5(&6$(71'( is also achieving the same level of success for its commercial clients. How do they do it? “By running a commercial building as if it were residential,” says Leslie Kaminoff, Founder and CEO. “You have to have an edge in this economy, and we found this to be our most powerful and unique tool.”

22 s www.sokolmediaonline.com

“We guarantee the savings on a monthly basis.” -Leslie Kaminoff

AND MR. KAMINOFF SHOULD KNOW. He has developed a reputation for himself and for AKAM as the premier manager of many of the metropolitan New f*,-$#,/#F'$2./'!$,/'&0/.8/'A$L$,/8*1.&M/0$&.05'!,4$)/#0/,($ P,A$h#+&.*W$"#'$#5!"*,/0$.5+/,*5'$#,!&8)/'$*.$95&)0&.1$ +#.#1/+/.!p$"/$%#'$#.$L0c5.8!$=,*3/''*,$#!$e/%$f*,-$o.&K versity’s Real Estate Institute; and he is a frequent speaker at ,/'&0/.!&#)$#.0$8*++/,8&#)$,/#)$/'!#!/$&.05'!,4$8*.3/,/.8/'$ #.0$/D/.!'A$V/$&'$#)'*$#5!"*,$*3$!"/$9**-($What To Expect From Your Property Manager($#.0$8*K#5!"*,$*3$!"/$9**-($How To Choose The Right Management Company For Your Residential B!"%+!$5C&D&E+.323")4F,?+!G2&H(3-+6 I*5.0/0$&.$ark\($LhLP$L''*8&#!/'($`.8A$&'$!"/$7#1'"&6$ 8*+6#.4$*3$!"/$LhLP$G&D&.1$E/,D&8/'$3#+&)4$*3$,/#)$/'!#!/$ '/,D&8/$8*+6#.&/'A$;*0#4($LhLP$L''*8&#!/'$&'$6,*50$!*$9/$ ,/8*1.&M/0$#'$#$)/#0/,$&.$!"/$+/!,*6*)&!#.$e/%$f*,-$,/'&0/.K !&#)$+#.#1/+/.!$&.05'!,4($#.0$"#'$35,!"/,/0$&!'$)/#0/,'"&6$ 6*'&!&*.$!",*51"$&!'$&.8,/#'&.1$0/0&8#!&*.$!*$+&.&+&M&.1$!"/$ 8#,9*.$3**!6,&.!$*3$!"/$95&)0&.1'$&!$+#.#1/'A$ !"#$%#$%&'&()*#+&,%-"./01"%-"&%2324%5.&&6%7*#&6-% 8./1.9(($%"&8"$6/,3*,+'$!/8".&8#)$#.0$2.#.8&#)$'!50&/'$*3$ &!'$8)&/.!$6,*6/,!&/'F$&.!/,.#)$#.0$/Q!/,.#)$/.D&,*.+/.!#)$&+K 6#8!($#.0$#5!"*,&!#!&D/)4$6,/'/.!'$/Q&'!&.1$#.0$./%)4K/+/,1&.1$ '5'!#&.#9&)&!4$*6!&*.'$#.0$&+6)/+/.!#!&*.$8*'!$#.#)4'/'A E6/8&28#))4($LhLP$6,*D&0/'$&!'$8)&/.!'$%&!"m

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;"/$)/D/)$*3$'/,D&8/$#.0$6,*3/''&*.#)$LhLP$6,*D&0/'$&'$ 6,*9#9)4$ 9/'!$ /Q/+6)&3&/0$ !",*51"$ !"/&,$ +#.#1/+/.!$ *3$ X*.8*,0$i&))#1/$<%./,'($`.8A($&.$C,**-)4.($e/%$f*,-($*./$ *3$e/%$f*,-F'$)#,1/'!$,/'&0/.!&#)$8**6/,#!&D/$8*,6*,#!&*.'A$ X*.8*,0$i&))#1/$&'$"*+/$!*$a(O[\$,/'&0/.!&#)$#6#,!+/.!'$#.0$ N$8*++/,8&#)$'6#8/'$R#!!*,./4F'$*33&8/($+&.&K'56/,+#,-/!($0,4$ 8)/#./,($0&./,($#.0$6#,-&.1$)*!S($&.$'/D/.$aNK$#.0$a]K'!*,4$95&)0K &.1'$'&!5#!/0$*.$r$#8,/'A$;"/$8*+6)/Q$%#'$8*.'!,58!/0$&.$arN[A `.$P#,8"$[Oa[($X*.8*,0$i&))#1/$5.0/,!**-$#$+#c*,$efK E@?HL$ Re/%$f*,-$ E!#!/$ @./,14$ ?/'/#,8"$ #.0$ H/D/)*6K +/.!$L5!"*,&!4S$/./,14$,/058!&*.$561,#0/A$;"/$4/#,K)*.1($ j[A[K+&))&*.$6,*c/8!$&.8)50/'$!"/$,/6)#8/+/.!b,/!,*3&!$#.0$ &.'!#))#!&*.$*3$./%$)&1"!&.1$&.$#))$8*++*.$#,/#'p$9*&)/,$#.0$ +/8"#.&8#)$,**+$,/6#&,'p$D/.!&)#!&*.$561,#0/p$#.0$,**3!*6$ 3#.$,/6)#8/+/.!$#.0$&.'!#))#!&*.$*3$"/#!$,/8*D/,4$D/.!&)#!&*.A$ L00&!&*.#)$%*,-$&.'&0/$&.0&D&05#)$5.&!'$&.8)50/'$!"/,+*'!#!&8$ ,#0&#!*,$D#)D/$,/6)#8/+/.!$&.$#))$5.&!'($/./,14K'#D&.1$*,&3&8/$ &.'!#))#!&*.($,#0&#.!$9#,,&/,$&.'!#))#!&*.($%&,/)/''$#6#,!+/.!$ !/+6/,#!5,/$'/.'*,$&.'!#))#!&*.($'"*%/,$#/,#!*,$&.'!#))#!&*.($ #&,$'/#)&.1$#!$#&,K8*.0&!&*.&.1$5.&!'($,/3,&1/,#!*,$,/6)#8/+/.!($ #.0$8*'+/!&8$#.0$'!,58!5,#)$!*58"K56A

www.sokolmediaonline.com s 23

Shown here is part of the lighting program currently being installed at Concord Village. It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

AKAM Associates has recommended NYSERDA projects to its managed properties in order to create the highest level *3$'5'!#&.#9&)&!4$#.0$8*'!K/33&8&/.84A$I*,$'&1.&3&8#.!$6,*c/8!'$ such as the one at Concord Village, AKAM Associates recomK mended the engagement of an independent project manager and encourages a competitive bidding process to identify the +*'!$-.*%)/01/#9)/$6,*3/''&*.#)'$!*$+#.#1/$/#8"$6,*c/8!A$ Project Management Group presented the most compelling /Q6/,!&'/$#.0$8*'!K/33/8!&D/./''($#.0$%#'$#%#,0/0$!"/$8*.!,#8!$ !*$*D/,'//$!"/$/.!&,/$561,#0/A ;"/$ 2,+F'$ 8*++&!+/.!$ !*$ "/)6&.1$ !"/&,$ 8)&/.!'$ ,/058/$ !"/&,$95&)0&.1'F$8#,9*.$3**!6,&.!$'"*5)0$.*!$9/$#$'5,6,&'/($ '&.8/$LhLPF'$8*,6*,#!/$+&''&*.$&'$!*$9/$#8-.*%)/01/0$#'$!"/$ 6,/+&/,$'/,D&8/$*,1#.&M#!&*.$&.$/D/,4$'/8!*,$&!$&'$&.D*)D/0$&.A$ ;"/$2,+$&'$#88*+6)&'"&.1$!"&'$94m

Expertly relieving burdens of responsibility from *5,$8)&/.!'p$+/#'5,#9)4$/."#.8&.1$*5,$8)&/.!'F$^5#)K ity of life and investment value; performing as an authoritative resource of information for our clients; and providing exceptionally proactive, responsive,

24 s www.sokolmediaonline.com

knowledgeable, and courteous service that far exK 8//0'$*5,$8)&/.!'F$/Q6/8!#!&*.'A Providing to every ALSI team member a work culK ture and physical environment that is comfortable, supportive, fair, emotionally rewarding, intellectuK ally challenging, and personally and professionally satisfying; constantly informing all ALSI team memK bers that they are valued as individuals and as team members; and encouraging all ALSI team members to become fully engaged in their own work, in the work of their colleagues, in the work of all ALSI entities, #.0$&.$!"/$9/!!/,+/.!$*3$!"/$8*++5.&!4$#!K)#,1/A Consistently demonstrating the value of all ALSI entities through evidence that supports our claim !*$!"/$6,/+&/,$6*'&!&*.$&.$#))$*5,$'/,D&8/$'/8!*,'A

â&#x20AC;&#x153;We are most diligent about keeping our residents and cliK /.!'$"#664(B$h#+&.*W$'#4'A$TL.0$%/$#,/$8*.!&.5&.1$!*$0*$'*$ 94$6,*D&0&.1$'&1.&28#.!$/./,14$'#D&.1'AB$T`.$3#8!(B$"/$'#4'($ T>/$15#,#.!//$!"/$'#D&.1'$*.$#$+*.!")4$9#'&'AB e*%$!"#!$&'$#$8*++&!+/.!$!**$"#,0$!**$&1.*,/A

Award-winning proprietary management programs include: The AKAM Strategic Team Program, which supports every client and AKAM’s 8$+7'($.('&0'$"&<(C0"0-&?&")(5/&8E)!#&'(3!)*(088&''()$(7+$.&''!$"0%%A(0.,%!0)&<(%&-0%( counsel and accounting professionals, an operations specialist, and an entire division dedicated exclusively to capital project management.

The AKAM Individuated Property Program, which provides custom)0!%$+&<('*$+)G(0"<(%$"-G+0"-&(7%0""!"-(0"<(,"0"8!0%(0"<($)*&+(+&7$+)'()$(&08*(8%!&")( property.

The AKAM 24/7/365 Emergency On-Call System, which ensures our availability to every client property at all times, day or night, 365 days a year.

The AKAM Closing and Transfer Department, which provides professional closing and transfer services to our client properties.

The AKAM Green Client ProgramK(3*!8*(7&+.$+?'()&8*"!80%(0"<(,"0"8!0%( studies of our client properties’ internal and external environmental impact, and authoritatively presents existing and newly-emerging sustainability options and implementation cost analyses.

The AKAM Superintendents and Resident Managers Club, the New York residential management industry’s only collegial organization for every building’s most important resource, providing educational seminars, information, and a supportive environment for the superintendents and resident managers of all AKAM client properties. On-Line Client Services: The AKAM Genesis System, which offers each client property the opportunity to post and view immediate on-line messages from ?0"0-&?&")K(@E!%<!"-(')0..(!".$+?0)!$"K(0"<(8$+7$+0)&(<$8E?&")'U()*&(0@!%!)A()$(,%%($E)( and submit Work Order Forms on-line; the ability to view Board meeting minutes; direct %!"H'()$(%$80%(3&0)*&+K()+0.,8K(0"<()+0#&%(!".$+?0)!$"K(0"<(?$+&=

The AKAM Phone and Text Broadcast System, which allows AKAM to transmit immediate, simultaneous phone and text broadcasts alerting owners about urgent or emergency situations in the building or reminding them of an important upcoming event.

www.sokolmediaonline.com s 25

Congrats AKAM on Being Green.

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Hearty congratulations to AKAM Living Services

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Century Elevator Maintenance Corporation 25-25 49th Street Long Island City, NY 11103 (t) (718) 937-6200 (f) (718) 361-5731 www.centuryelevator.com

Where Service Remains A Proud Tradition Since 1972

WE ARE PLEASED TO HONOR AKAM PS Marcato Elevator Co., Inc. Providing Elevator Maintenance, Repairs and Modernization since 1903.

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Fuel Oil & Bio-Fuels

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78 RAPELYE STREET, BROOKLYN, NY AGGRESSIVENY

AKAM AC KLEM

0LUMBING (EATING s 0IPE $RAIN #LEANING 3PECIALISTS PO Box 8308 ,ONG )SLAND #ITY .9

0HONE &AX

DISTRICTS FOR DESIGNERS

FAITH’S FASHION FOCUS:

Haute Hamptons F

OR MANY NEW YORKERS, the summer means one thing — weekends in the Hamptons! Whether you’re renting for the summer, are lucky (and affluent) enough to own, or are simply visiting for the weekend, this summer resort has enough shopping, dining and entertainment to keep you coming back for years!

ABOUT THE HAMPTONS The Village of Southampton may have started as a Puritan settlement in the late 17th Century, but today is best known as the beach resort of the rich #.0$3#+*5'($%&!"$+/0&#$215,/'($&.D/'!*,'$#.0$*!"/,'$ *%.&.1$'&1.&28#.!$/'!#!/'A$e/#,94($!"/$E"&../8*8-$ Indian Reservation is the oldest in the United States, /'!#9)&'"/0$&.$aUOaA East Hampton, also a former farm community datK &.1$3,*+$!"/$+&0Ka]OO'($"#'$'*+/$*3$!"/$+*'!$3#+*5'$ beaches in the world because of their stunning white '#.0'A$L.0$E#1$V#,9*,$R6#,!'$*3$%"&8"$#,/$#8!5#))4$&.$ @#'!$V#+6!*.$#.0$E*5!"#+6!*.S$&'$*./$*3$!"/$1,/#!$ "&'!*,&8$%"#)&.1$6*,!'$&.$!"/$8*5.!,4A$f/!$#))$9/8*+/$ +#1.&28/.!$6)#41,*5.0'$&.$!"/$'5++/,t

SHOP THE HAMPTONS So many towns, so little time … In East Hampton, P#&.$E!,//!$#.0$e/%!*%.$G#./$#,/$!"/$8*++/,8&#)$ boulevards, housing both seasonal and permanent

'"*6'A$Sneakerology relocated from Bridgehampton Commons to serve runners at 2 Main Street, which #)'*$"*5'/'$G*.0*.$n/%/)/,'A$J. Crew at the Beach *W/,'$#W*,0#9)/$,/'*,!$%/#,$#!$aZ$P#&.$E!,//!A$Devi Kroell$"#'$)*D/)4$)/#!"/,$#!$[\$P#&.$E!,//!A$e*$,/'*,!$ is complete without Ralph Lauren($\aK\\$P#&.$E!,//!A$ <5!2!$4*5,'/)3$3*,$%*,-*5!'$#!$Lululemon, 35 Main E!,//!A$Christopher Kaufmann’s jewels brighten 37B P#&.$E!,//!A$>*+/.F'$#66#,/)$0/'&1./,$Nili Lotan has '&1./0$3*,$#$6/,+#./.!$'"*6$#!$\k$P#&.$E!,//!A$=&8-$56$#$ beach read at BookHampton($Za$P#&.$E!,//!A$ Sam Edelman$,/!5,.'$!*$Z]$P#&.$E!,//!A$Alice & Olivia$"#'$*6/./0$#!$Zk$P#&.$E!,//!$Re/%!*%.$G#./SA$ H4)#.$G#5,/.F'$Dylan’s Candy Bar returns to satisfy 4*5,$'%//!$!**!"$#!$N[$P#&.$E!,//!A$Jennifer Miller Jewelry can be found at 55 Main Street, sharing the address with Theodora & CallumA$E%/0&'"$"*+/$ furnishings are the focus at Lexington($U\$P#&.$E!,//!A$ G&.0/ Steven Alan$&'$#!$UN$P#&.$E!,//!A$Intermix 0/95!/0$#!$kU$P#&.$E!,//!A$?/'!*8-$4*5,$'5.9)*8-$#.0$ *!"/,$.//0'$#!$?&8-4F'$RNO$P#&.$E!,//!S$*,$>"&!/F'$="#,K +#84$Rka$P#&.$E!,//!SA$ Magaschoni$*W/,'$0/'&1./,$#66#,/)$#!$[$e/%!*%.$ G#./A$Michael Kors$&'$#!$ar$e/%!*%.$G#./A$Haute Hippie$"#'$*6/./0$&!'$2,'!$6/,+#./.!$#,/#$'"*6$#!$[O$ e/%!*%.$G#./A$Linde Gallery combines art space #.0$3#'"&*.$9*5!&^5/$#!$[NL$J$C$e/%!*%.$G#./A$ Brunello Cucinelli’s$)*D/)4$-.&!'$#,/$#!$\r$e/%!*%.$

By Faith Hope Consolo X"#&,+#.($?/!#&)$G/#'&.1$ and Sales Division Prudential Douglas Elliman

www.sokolmediaonline.com s 29

Lane. Scoop Beach is at 51 Newtown Lane. Need more sunglasses? Find them and more at Oliver Peoples, 53 Newtown Lane. For menswear, seek John Varvatos, 54 Newtown Lane. There’s Amazing selection of young designers at Big Drop NYC at 66 Newtown G#./A$;"*'/$.//0&.1$#$'/8*.0$_$*,$23!"$_$ swimsuit can visit Everything But Water at the same address. Amazing baked goods will be available beginning July 4 at Mary’s Marvelous, 107 Newtown Lane. Nearby, The Retreat of East Hampton has opened a second thrift shop, Retreat Boutique Too, at 30 Park Place in East Hampton Village. Earlier this year, Nancy & Co.’s "&1"K/.0$%*+/.F'$8)*!"&.1$#.0$#88/''*,&/'$ opened at 62 The Circle. In Southampton, look to Main Street and Jobs Lane for most of your retail therapy. C. Wonder has taken 5 Main Street. Luxury sunscreen and more can be found at H Groome, 9 Main Street. Jewelry lovers can stop at Tamara Comolli Fine Jewelry R[U$P#&.$E!,//!S$#.0$London Jewelers$RZU$ P#&.$E!,//!SA$Michael Kors can be found at 30 Main Street. Intermix’s summer store is at 64 Main Street. Another BookHampton Branch is at 93 Main Street. Helmut Lang has a seasonal shop at 100 Main Street. Still looking for jewelry? Try Jennifer Miller Jewelry$R[k$n*9'$G#./SA$Bespoke Global’s$2,'!$9,&8-K#.0K+*,!#,$'"*6$&'$#!$Z]$ Jobs Lane for the summer. Magaschoni’s classic designers have come to53C Jobs Lane. Ruby & Jenna$*W/,'$8*)*,35)$3#'"&*.$#!$ 60 Jobs Lane.Haute Hippie returns with &!'$6*6K56$#!$]]$n*9'$G#./A$G*8#)$)/1/.0$ Stevenson’s Toy Shop has moved to 69 Jobs Lane. In addition to its East Hampton Store, Nancy & Co.$"#'$#$'/8*.0$5.&!$#!$kr$ Jobs Lane. Biba Southampton, 40 Hill Street, returns for the summer with unique clothing and accessories. James Fairchild$R4/'($*3$ !"/$659)&'"&.1$3#+&)4S$"#'$8,/#!/0$#$'!5..&.1$ concept shop at 619 Hampton Road. Redo 4*5,$9#!",**+$3,*+$2Q!5,/'$!*$7**,&.1$#!$ Blackman, 444 County Road 39A. In Montauk, Cashmere queen Minnie 30 s www.sokolmediaonline.com

Rose$&'$*6/.&.1$&!'$2,'!$'!*,/($#$'5++/,$6*6K up, at The Montauk Beach House. In Bridgehampton, Monc XIII’s home furnishings are at 40 Madison Street. 25 Park R[ZaN$P#&.$E!,//!S$&'$#$"/#0^5#,!/,'$3*,$./%$ designers. Look for fun footwear at Joan MaK ,&/$E"*/'$R[Z][$P#&.$E!,//!SA$P&8"/))/$I#,+/,$ X*))#9*,#!/$*W/,'$5.&^5/$1&3!'$#.0$,/'*,!%/#,$ at 2491 Montauk Highway. After more than 17 years on Main Street in Sag Harbor, Java Nation has moved to 112 Maple Lane. Elsewhere, General store Good Westhampton, 141 Main Street in, yes, WesthampK ton, features clothing, toys, kitchen items and candy. Upscale grocer Whole Foods Market will open a season market on Montauk HighK way in Wainscott. Elizabeth Showers’ lovely jewelry can be found at Adornaments($k\$ P#&.$E!,//!$&.$E#1$V#,9*,A$G&3/'!4)/$*W/,'$ men’s and women’s apparel at 127 Main Street, Sag Harbor.%49.#&%:#;&* opens a second 9*5!&^5/$R!"/$2,'!$&'$*.$E"/)!/,$`')#.0S$#!$Uk$ Main Street, Sag Harbor.

DINE AT THE HAMPTONS `.$@#'!$V#+6!*.($!"/$P/0&!/,,#./#.K themed Andrra restaurant has taken the former Boathouse space at 39 Gann Road. MePa highlight Brasserie Beaumarchais comes east to 44 Three Mile Harbor Road. An equestrian theme and fresh cuisine can be found at The Hamptons Players Club, 103 Montauk Highway. Barbecue, naturally, is the specialty at The Millers BBQ($[k[$=#.!&1*$ Road. Spa and beauty services can be found at The Beauty Bar, 66 Newtown Lane, and M Salon, 64 Park Place. Smokin’ Wolf, 221 Pantigo Road, brings back the barbecue 3,*+$!"/$+58"K+&''/0$;5,!)/$X,*''&.1A$ Dolce Nirvana sells desserts out of the Dreeseen’s Catering location at Lumber Lane. Find organic ingredients and great meals at Babette’s, 66 Newtown Lane. Crave Greek food in Southampton? Find it at Nammos Estiatorio, 136 Main Street. Another option is Greek Bites Grill, 1746 X*5.!4$?*#0$\rA$;"/$\OK,**+$Capri Hotel has reopened, and features Nobu, and Cynthia Rowley, The Shop at Capri($#!$[ka$ County Road 39A. Montauk munchies include Swallow East, 474 West Lake Drive. Sammys is the ./%/'!$3,*+$E#+$n*48/$#!$ZZk$>/'!$G#-/$ Drive. Beer and seafood are the highlights at Zum Schneider MTK, 4 South Elmwood Avenue. Byron at the Surf Lodge features grilled items and pasta from Australian 8"/3$X",&'$?/.0/))$#!$ak\$@01/+/,/$E!,//!A$ Momofuku Milk Bar adjoins Cynthia Rowley’s shop at 696 Montauk Highway. The Coast is the latest seafood restaurant

at 41 South Euclid Avenue. In Sag Harbor, Pepalajefa$%&))$*W/,$1*5,K met takeout at 7 Main Street. The Bell & Anchor is the latest from David Loewenberg and Sam McCleland at 3253 Noyac Road. Muse relocates from Water Mill to Muse in the Harbor, 16 Main Street. In other towns, gourmet treats are available again at The Sagg General Store at 542 Sagg Main Street in Sagaponack. Sotto Sopra$*W/,'$/Q8/6!&*.#)$.*,!"/,.$`!#)&#.$3#,/$ at 231 Main Street, Amagansett. 7/<+$" "#'$1,&))/0$3#,/$#!$[Nk$@#'!$P*.!#5-$V&1"%#4$ in Hampton Bays. Osteria Salina’s Sicilian cuisine is at 95 School Street in BridgehampK ton. Almond$*W/,'$9,5.8"$#.0$+*,/$#!$<./$ <8/#.$?*#0($C,&01/"#+6!*.A$;"/$3*,+/,$ Chowder Pot Pub in Greenport has a new *%./,$R;/,,4$V#,%**0$*3$!"/$i&./$E!,//!$ X#3d$*.$E"/)!/,$`')#.0S$#.0$#$./%$.#+/($ Blue Canoe Oyster Bar.

STAY AT THE HAMPTONS As always, there is the new: Tom Colicchio’s hotel/restaurant Topping Rose House will open late this summer at 1 Bridgehampton/ Sag Harbor Turnpike in Bridgehampton. The Montauk Beach House should open at 55 South Elmwood Avenue in Montauk on June 22. And then we have the classics. The Southampton Inn is on lovely grounds at 91 Hill Street in Southampton Village. The 1708 House$Ra[]$P#&.$E!,//!($E*5!"#+6!*.S$ ,/#))4$0*/'$0#!/$3,*+$aUOk($95!$4*5F))$2.0$#$ +*0/,.$9/0K#.0K9,/#-3#'!A$;"/$Maidstone, #$aNOK4/#,K*)0$95&)0&.1$#!$[OU$P#&.$E!,//!$ &.$@#'!$V#+6!*.($*W/,'$8*.8&/,1/$'/,D&8/($ #$3#+&)4K3,&/.0)4$,/'!#5,#.!$_$#.0$&!$#88/6!'$ pets! Pamper yourself at Gurney’s Inn Resort and Spa,$[rO$<)0$P*.!#5-$V&1"%#4$&.$ Montauk. What’s wonderful about the visit to the Hamptons is that it can be as busy or as easy #'$4*5$%&'"$_$3,*+$'"*66&.1($0&.&.1$#.0$ running to the latest hot spot, to quiet early morning strolls on the beach. Explore New York City’s favorite resort. Happy Summer and Happy Shopping!

Citi® Commercial Bank salutes the 9th Annual “TOP Women in Real Estate for 2012” Awards Gala. Congratulations to all the “TOP Women for 2012” Honorees.

Contact Citi Commercial Bank to support your business operations and expansion plans.

Laura Walker, SVP Relationship Manager 203-975-6867 laura.walker@citi.com

www.commercialbanking.citibank.com

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The Real Estate Board of New York Retail Report Spring 2012

Executive Summary

he market for Manhattan retail space has tightened in the most prominent shopping corridors since the REBNY Fall 2011 Retail Report. Demand for store space continues to raise the asking rents and prestige in these retail corridors. Overall, asking rents for all space in Manhattan are up two percent since the fall of 2011 and down one percent compared to a year ago.

he Spring 2012 REBNY Retail Report shows the average asking rents on Upper 5th Avenue between 50th and 59th Streets have edged up twenty-two percent to $2,750 per square foot of ground space compared to the Spring of 2011. Also, average asking rents for ground floor space on Madison Avenue between 57th and 72nd have increased thirty-one percent to $1,203 since the Spring of 2011.

ne of the most important developments in the Manhattan retail market according our Retail Advisory Group has been the relentless ground floor asking rent increases for retail space on Lower 5th Avenue between 42nd and 49th Streets. The average asking rent for ground floor retail space on this corridor has reached $900 per square foot, up seventy-five percent from the Spring of 2011. The advisory group attributed this both to the lack of space on Upper 5th Avenue, causing a trickledown effect, and the high degree of pedestrian traffic on the avenue.

wo other corridors benefitting from the lack of available space are the Columbus Avenue (66th- 79th) and Bleecker Street (7th Ave South â&#x20AC;&#x201C; Hudson St) corridors. Data from our members reported no available space on the Columbus corridor at our cutoff date. This provided further evidence to substantiate the twenty percent increase in the average asking rent of all space on the Westside over the Spring of 2011. The average asking rent of $149 per square foot of all space on the Westside is the highest for the area since we started the report in the fall of 2000. Average asking rents on the Bleecker St. corridor increased twenty-two percent since the fall of 2011 to $452. According to our advisory group though, the increase in the average asking rent on this corridor is not the entire story. Landlords and brokers are reporting continuing strong demand for stores just beyond the southern end of Bleecker and the higher asking rents for this section are representative of the potential expansion of this prime corridor.

32 s www.sokolmediaonline.com

owever, asking rents in the exclusive shopping corridors in Manhattan are increasing at a much greater rate than of the overall store space in Manhattan signaling that a broader resurgence of the retail space market has yet to take hold. Since the financial crisis of 2008, data has backed up the assertion by our REBNY Retail Advisory Group that prime corridors are where the most competition for space is taking place. These large increases are in contrast to what the REBNY Retail Advisory Group has seen on side streets and less prominent retail areas in Manhattan. The average asking rent of all retail space in Manhattan dropped one percent since the Spring of 2011 and is down almost twelve percent since the marketâ&#x20AC;&#x2122;s peak immediately before the financial crisis. Furthermore, despite annual increases in all of the reportâ&#x20AC;&#x2122;s prime Eastside corridors, average asking rents for all space on the Eastside declined thirteen percent since the Spring of 2011. Our advisory group attributed this partly due to waning expansion interest from banks. During the height of the retail market banks were known to bid up the better spaces on less prestigious corridors. Now though, without this competition, and the slow recovery in the retail sector, landlords have been unable to attract tenants or increase asking rents in these areas.

The Real Estate Board of New York Retail Report Spring 2012

AVERAGE ASKING RENT: SELECTED MAJOR RETAIL CORRIDORS Available Ground Floor Space Only Spring

Fall

Spring

% Change

2012

2011

From Fall

From Spring

2011

EASTSIDE Madison Ave: 57 - 72 St

$1,203

$989

$919

22%

31%

Third Ave: 60 - 72 St

$265

$255

$246

East 86 St: Lexington Ave - 2nd Ave

$410

$398

$333

23%

Broadway: 72 - 86 St

$332

$316

$275

21%

Columbus Ave: 66 - 79 St

N/A

$250

$255

N/A

East 57 St: 5 Ave - Park Ave

$690

$700

N/A

-1%

N/A

Fifth Ave: 42 - 49 St

$900

$675

$515

33%

75%

Fifth Ave: 49 - 59 St

$2,750

$2,633

$2,250

22%

Broadway & 7 Ave: 42 - 47 St

$1,400

$1,433

$1,600

-2%

-13%

Fifth Ave: 14 - 23 St

$302

$279

$275

10%

Broadway: 14 - 23 St

$215

$229

N/A

-6%

N/A

$558

$482

$455

16%

23%

$375

$365

$363

$180

$144

$184

25%

-2%

$551

$506

$498

11%

$452

$371

$488

22%

-7%

$121

$129

$125

-6%

-3%

WESTSIDE

MIDTOWN

MIDTOWN SOUTH Flatiron

Herald Square West 34 St: 5 - 7 Ave DOWNTOWN Meatpacking 14 St: 9 - 10 Ave Financial District Broadway: Battery Park - Chambers St SoHo Broadway: Houston - Broome St West Village Bleeker St: 7 Ave South - Hudson St UPPER MANHATTAN Harlem 125th St. (River to River)

www.sokolmediaonline.com s 33

The Real Estate Board of New York Retail Report Spring 2012

Average Retail Asking Rents PSF $140

Manhattan

$129

$118

$120 $108

$ $98

$97

F-2004

$96

S-2004

$103 3$102 $100

$115

$111 1

$118 $

$117 $113

$115

$112

$114

07 $106 $107

$92 $ $84

$87

$85

$88

$200

Eastside

$180

$168

$16 64 4

F-2011

S-2012

F-2010

S-2011

F-2009

S-2010

$180 $182 $

$178 $ $161

$160 60

$155

$176

$165 $ 65

$ $159

$155 5

$148

$143

$ $138

F-2008

$178 $170

$133

S-2009

F-2007

S 2008 S-2

F-2006

S-2007

F-2005

S-2006

$ $190

$186

$160

$140

S-2005

F-2003

F-2002

S-2003

F-2001

S-2002

F-2000

S-2001

$80

$128 8 $103 $113 $111 1

$120

$100

F-2011

S-2012

F-2010

S-2011

F-2009

S-2010

S-2009

F-2008

F-2007

S-2008

S-2007

F-2006

F-2005

S-2006

S-2005

F-2004

F-2003

S-2004

S-2003

F-2002

F-2001

S-2002

S-2001

F-2000

$80

$160

Westside

$141

$13 36

$140

$135 $128

$127 $120

$ $92

$92

$91

S-2001

F-2001

S-2002

$100

$104

$132 $123

$123 $122

$128 $128

$12 24

$116

$111 $103

$149

$147

$107

$115

$121

$125

$12 29

$132 $128

S-2012

F-2011

F-2010

S-2 S 2011

S-2010

F-2009

F-2008

S-2009

S-2008

$161

$ $152 $145 $

$140 $122

F-2007

F-2006

S-2007

S-2006

F-2005

F-2004

$156

Midtown

$160

$120

S-2005

S-2004

F-2003

S-2003

F-2002

F-2000

$80

$150

$149 $144

$138 $137 $133

$14 44 $ $135

$130

$110 $112 $107 $109 $

$100

34 s www.sokolmediaonline.com

S-2012

F-2011

S-2 S 2011

F-2010

S-2010

F-2009

S-2009

F-2008

S-2008

F-2007

S-2007

F-2006

S-2006

F-2005

S-2005

F-2004

S-2004

F-2003

S-2003

F-2002

S-2002

F-2001

S-2001

F-2000

$80

WORLD WIDE GROUP

congratulates RACHEL LOEB on the receipt of this well-deserved honor

VICTOR ELMALEH, CHAIRMAN JAMES STANTON, PRESIDENT NIKO ELMALEH, EXECUTIVE VICE PRESIDENT DAVID LOWENFELD, EXECUTIVE VICE PRESIDENT

Lori Sokol C&,)%<,69B#:->-'#I,<%*

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X#)/.0#,$*3$@D/.!' UPCOMING IN JULY & AUGUST JULY

AUGUST

Saturday, July 7

Friday, August 3

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Monday, July 9

Tuesday, August 21

AIA NY AT THE CENTER ]mOO$=P$K$kmOO$=P$ =#,!./,$=,*1,#+'$ <85)5'$C**-$;#)-m$n*".$V&))($ Y5&0/$!*$X*.!/+6*,#,4$e/%$f*,-$X&!4$L,8"&!/8!5,/$ i&'&!$%%%A#&#.4A*,1$3*,$35,!"/,$&.3*,+#!&*.

REBNY [$H#4$@D/.!$ rmOO$#+$K$Nm\O$6+$ X/,!&3&/0$e/1*!&#!&*.$@Q6/,!$RXe@S$X*5,'/$ G*8#!&*.m$?@Cef$X)#'',**+

Monday, July 16 PWC Golf Outing @)+%**0$X*5.!,4$X)59($>"&!/$=)#&.'($ef C,5.8"$!",*51"$8*8-!#&)'$J$0&../,$$u$$&.8)50/'$8#,!$J$8#004$ Golf Event Chair:$n*'/6"$=A$?*+#.*($=,/'&0/.!($n?P$X*.'!,58!&*.$ P#.#1/+/.!($GGX$ Chair: Y*)3$X*++&!!//m$G&'#$>&)'*.($n?P$X*.'!,58!&*.$ P#.#1/+/.!($GGX$ i&'&!$%%%A6%85'#A*,1$3*,$35,!"/,$&.3*,+#!&*.

MKDA Supports The Creative Workshop for Kids’ Semester-long Program

Wednesday, July 25 PWC Transportation Forum kmOO$_$aOmOO$#A+A ?/1&*.#)$;,#.'6*,!#!&*.$o60#!/m$;,#.'6*,!#!&*.$X"&/3'$<5!)&./$ =)#.' Y/./,#)$E*8&/!4$*3$P/8"#.&8'$J$;,#0/'+/. [O$>/'!$ZZ!"$E!,//!($efX Guest Speakers: n#+/'$>/&.'!/&.($@Q/85!&D/$H&,/8!*,($$en$;,#.'&!$ =#!,&8-$nA$I*4/($@Q/85!&D/$H&,/8!*,($=*,!$L5!"*,&!4$*3$ef$#.0$en$ n*#.$P8H*.#)0($X*++&''&*./,($ef$E!#!/$H/6#,!+/.!$*3$ Transportation e5,&#$`A$I/,.#.0/M($X"&/3$<6/,#!&.1$<33&8/,($$P/!,*6*)&!#.$ ;,#.'6*,!#!&*.$L5!"*,&!4$ Moderator:$>&))&#+$I&3/($=A@A($=,&.8&6#)($;"/$I&3/$Y,*56$ i&'&!$%%%A6%85'#A*,1$3*,$35,!"/,$&.3*,+#!&*.

A frequent supporter of the arts and children’s charities, MKDA helped #()-&IJ!=,)&E+23*)&K',22L/&,&2+0+2$+!4'")*&K!+,$3@+&D!$2&:"!?21"%&#"!& M3-2G&NKD:O&,#$+!&2.1""'&%!"*!,06&FMED&B!+23-+)$&F3.1,+'&M'+3)=+!*& N%3.$(!+-O&!+.+)$'5&%,3-&,&@323$&$"&BP&QRS&NT,."=&U6&P.13##&V'+0+)$,!5& P.1""'O/&A1+!+&$1+&@+!5&%"%(',!&.',22&A,2&3)&#(''&2A3)*6&D.."!-3)*&$"& KD:/&$1+&%!"*!,0&$+,.1+2&2$(-+)$2&$1+&13*1+!&"!-+!&#()-,0+)$,'2&"#& (!=,)&%',))3)*&,)-&-+23*)6&P$(-+)$2&"=2+!@+&,)-&-322+.$&,&#3@+&$"&QW&='".?& area around their school and then create design projects that enhance the ,!+,&#!"0&$1+3!&.!+,$3@+&@3+A%"3)$26

www.sokolmediaonline.com s 37

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